South Korean funeral service company Bumo Sarang is sitting on roughly 49.3 billion won ($32.7 million) in unrealized losses after investing about $40 million in customer funds into leveraged crypto exchange-traded funds (ETFs). Bumo Sarang […]
Key Takeaways Elliptic secured $120 million on May 12, 2026, boosting its valuation to $670 million for onchain analytics.Nasdaq Ventures and Deutsche Bank joined the Series D, signaling deep institutional trust in crypto compliance.Elliptic plans […]
Key takeaways: Solana perpetual futures funding rates flipped negative, signaling excess demand for bearish positions.Rival networks like Base and Hyperliquid pose direct threats to Solana by aggressively capturing DEX market volume. Solana’s native token SOL […]
Key Takeaways Canaan Inc. won a competitive bid to deploy 8 MW of Avalon A1566HA units to a Nordic district heating network.The 8 MW project is expected to heat approximately 2,800 homes, replacing legacy fossil […]
Key Takeaways Trump’s executive order requires regulators to review fintech and digital asset oversight rules.Federal agencies must identify barriers limiting fintech partnerships, charter reviews, licensing, and other federal authorizations for eligible firms.Regulatory changes could affect […]
Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin may be primed for a bigger rally toward $6,000 or higher. Key takeaways: Ether […]
Bitcoin (BTC) traders have shifted their focus lower after futures and order book data point to strong buyer interest in the $68,000-$70,000 zone. Sell pressure has increased in the derivatives markets and the daily bid-ask […]
Key takeaways PI is up by nearly 2% as bulls attempt to push the price above $0.1500. The ongoing token unlock could still put further pressure on the coin. Bulls look to push PI above […]
Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm PeckShield and analytics platform Lookonchain both reported […]
Key Takeaways Strategy leads with 843,738 BTC against Blackrock’s 817,138 BTC, a gap of roughly 26,600 coins.Strategy overtook Blackrock as the largest institutional bitcoin holder in April 2026 after a $2.54B purchase.JPMorgan estimates Strategy’s bitcoin […]
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